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The Gamestop Stock Market Boogaloo

For discussion and debate about anything. (Not a roleplay related forum; out-of-character commentary only.)

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Odreria
Minister
 
Posts: 2309
Founded: Jun 15, 2020
Ex-Nation

Postby Odreria » Fri Jan 29, 2021 7:35 pm

I experienced an ayahuasca trip yesterday guided by a local shaman in the middle of the forest on top of a mountain. The whole time, even as I forgot who I was and how to read English, one phrase was burned into my mind – buy more $GME and hold. I don’t have any money so I went into 10k of credit card debt to buy more GameStop stock.
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Galloism
Khan of Spam
 
Posts: 72260
Founded: Aug 20, 2005
Father Knows Best State

Postby Galloism » Fri Jan 29, 2021 7:37 pm

Kowani wrote:
Greater Cesnica wrote:And would such a crisis impact WS big shots substantially?

almost certainly

Shrillland wrote:
A slight bump in inflation considering how much the Feds are going to have to end up bailing some of the brokerages out. And a drop in the stock market. I think this is all hilarious myself.

maybe not even the inflation bump
we're trying to restore money circulation, not add to it
i expect the fed to buy off some reserves, just in case

We should get the fed to buy GME.
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Herador
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Founded: Mar 08, 2011
Democratic Socialists

Postby Herador » Fri Jan 29, 2021 7:40 pm

Galloism wrote:
Kowani wrote:almost certainly


maybe not even the inflation bump
we're trying to restore money circulation, not add to it
i expect the fed to buy off some reserves, just in case

We should get the fed to buy GME.

State-Owned Games Retailer? Now, this is the kind of socialism I can get behind.
My politics are real simple: I just want to be able to afford to go to the doctor.

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Odreria
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Founded: Jun 15, 2020
Ex-Nation

Postby Odreria » Fri Jan 29, 2021 7:41 pm

Valrifell wrote:
Disregard whatever this poster says
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Kowani
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Founded: Apr 01, 2018
Democratic Socialists

Postby Kowani » Fri Jan 29, 2021 7:52 pm

Image

:rofl:
Abolitionism in the North has leagued itself with Radical Democracy, and so the Slave Power was forced to ally itself with the Money Power; that is the great fact of the age.




The triumph of the Democracy is essential to the struggle of popular liberty


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No State Here
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Founded: Jun 10, 2019
Ex-Nation

Postby No State Here » Fri Jan 29, 2021 7:53 pm

Hold the line. The longer it’s held the more wall street bleeds
Abolish NSG

New York Anarcho-Capitalist Minarchist, not an Ancap anymore
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Odreria
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Founded: Jun 15, 2020
Ex-Nation

Postby Odreria » Fri Jan 29, 2021 7:57 pm

I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all.

This is not financial advice.
Valrifell wrote:
Disregard whatever this poster says
Pro: Christianity, nuclear power, firearms, socialism, environmentalism
Neutral: LGBT, PRC, charter schools, larping
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Atheris
Negotiator
 
Posts: 6412
Founded: Oct 05, 2018
Ex-Nation

Postby Atheris » Fri Jan 29, 2021 8:01 pm

In the first age, in the first battle, when the hedge funds first lengthened, he stood.
He chose the path of perpetual holding.
In his ravenous hatred he found no sells.
And with boiling blood he scoured u/WallStreetBets seeking vengeance against the dark lords who had wronged him.
And those that tasted the bite of his stock named him...
The Stockplayer.
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Diahon
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Founded: Apr 01, 2020
Ex-Nation

Postby Diahon » Fri Jan 29, 2021 8:07 pm

Kowani wrote:I'm hearing a lot of chatter-confirming what Seangoli and a few others have mentioned, that there's almost certainly going to be a liquidity crisis in Wall St. sometime in the next few days


now is the time to quadruple, quintuple, and sextuple yikes, for there is no fucking way the larger economy can't be affected by that

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No State Here
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Ex-Nation

Postby No State Here » Fri Jan 29, 2021 8:08 pm

Image
Last edited by No State Here on Fri Jan 29, 2021 8:08 pm, edited 1 time in total.
Abolish NSG

New York Anarcho-Capitalist Minarchist, not an Ancap anymore
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Galloism
Khan of Spam
 
Posts: 72260
Founded: Aug 20, 2005
Father Knows Best State

Postby Galloism » Fri Jan 29, 2021 8:10 pm

Redditors file class action lawsuit against Robinhood

NEW YORK—In response to the online brokering app halting trading on GameStop ($GME) after a surge in activity, Redditors filed a class-action lawsuit this week alleging that Robinhood has been on some “bitch shit lately.”

“Robinhood willfully deprived investors of their hard-earned tendies,” read the brief in part, which also claimed that the online brokerage had left countless Redditors “holding the bag.” “This is the way. If every autist stands together, we’ll sue these Robinhood cucks out of house and home. Hold stronk. We’ll be buying the dip; they’ll be buying commissary in the clink.” At press time, a popular Reddit post urged “Euro retards” to show solidarity by filing class-action lawsuits in their countries of origin.
Last edited by Galloism on Fri Jan 29, 2021 8:10 pm, edited 1 time in total.
Venicilian: wow. Jesus hung around with everyone. boys, girls, rich, poor(mostly), sick, healthy, etc. in fact, i bet he even went up to gay people and tried to heal them so they would be straight.
The Parkus Empire: Being serious on NSG is like wearing a suit to a nude beach.
New Kereptica: Since power is changed energy over time, an increase in power would mean, in this case, an increase in energy. As energy is equivalent to mass and the density of the government is static, the volume of the government must increase.


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Atheris
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Founded: Oct 05, 2018
Ex-Nation

Postby Atheris » Fri Jan 29, 2021 8:10 pm

No State Here wrote:

Godspeed, you magnificent bastard.
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Diahon
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Posts: 4575
Founded: Apr 01, 2020
Ex-Nation

Postby Diahon » Fri Jan 29, 2021 8:11 pm

No State Here wrote:


send me back to 2009, when this would've been massively appropriate, reddit or no

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Diahon
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Posts: 4575
Founded: Apr 01, 2020
Ex-Nation

Postby Diahon » Fri Jan 29, 2021 8:13 pm

Galloism wrote:Redditors file class action lawsuit against Robinhood

NEW YORK—In response to the online brokering app halting trading on GameStop ($GME) after a surge in activity, Redditors filed a class-action lawsuit this week alleging that Robinhood has been on some “bitch shit lately.”

“Robinhood willfully deprived investors of their hard-earned tendies,” read the brief in part, which also claimed that the online brokerage had left countless Redditors “holding the bag.” “This is the way. If every autist stands together, we’ll sue these Robinhood cucks out of house and home. Hold stronk. We’ll be buying the dip; they’ll be buying commissary in the clink.” At press time, a popular Reddit post urged “Euro retards” to show solidarity by filing class-action lawsuits in their countries of origin.


cringe.gif

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Atheris
Negotiator
 
Posts: 6412
Founded: Oct 05, 2018
Ex-Nation

Postby Atheris » Fri Jan 29, 2021 8:13 pm

Galloism wrote:Redditors file class action lawsuit against Robinhood

NEW YORK—In response to the online brokering app halting trading on GameStop ($GME) after a surge in activity, Redditors filed a class-action lawsuit this week alleging that Robinhood has been on some “bitch shit lately.”

“Robinhood willfully deprived investors of their hard-earned tendies,” read the brief in part, which also claimed that the online brokerage had left countless Redditors “holding the bag.” “This is the way. If every autist stands together, we’ll sue these Robinhood cucks out of house and home. Hold stronk. We’ll be buying the dip; they’ll be buying commissary in the clink.” At press time, a popular Reddit post urged “Euro retards” to show solidarity by filing class-action lawsuits in their countries of origin.

I think my favorite part of that entire article is "alleging that Robinhood has been on some 'bitch shit lately.'"
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Andsed
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Founded: Aug 24, 2017
Left-wing Utopia

Postby Andsed » Fri Jan 29, 2021 8:16 pm


....Is it bad I kinda wanted to see them get pelted with rocks and their little glasses shattered? Cause I really wanna see those smug ass grins wiped off their faces.
I do be tired


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Albrenia
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Posts: 16619
Founded: Aug 18, 2017
Ex-Nation

Postby Albrenia » Fri Jan 29, 2021 8:18 pm

It'll be a shame to go back to shouting at each other after we've all bonded over this.

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Stellar Colonies
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Posts: 4671
Founded: Mar 27, 2017
Civil Rights Lovefest

Postby Stellar Colonies » Fri Jan 29, 2021 8:18 pm

Andsed wrote:

....Is it bad I kinda wanted to see them get pelted with rocks and their little glasses shattered? Cause I really wanna see those smug ass grins wiped off their faces.

If they had a roasted pig on a table...
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Atheris
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Posts: 6412
Founded: Oct 05, 2018
Ex-Nation

Postby Atheris » Fri Jan 29, 2021 8:18 pm

Andsed wrote:

....Is it bad I kinda wanted to see them get pelted with rocks and their little glasses shattered? Cause I really wanna see those smug ass grins wiped off their faces.

No, I do, too.
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NEW VISAYAN ISLANDS SHOULD RESIGN! HOLD JANNIES ACCOUNTABLE!

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Odreria
Minister
 
Posts: 2309
Founded: Jun 15, 2020
Ex-Nation

Postby Odreria » Fri Jan 29, 2021 8:19 pm

Diahon wrote:
Kowani wrote:I'm hearing a lot of chatter-confirming what Seangoli and a few others have mentioned, that there's almost certainly going to be a liquidity crisis in Wall St. sometime in the next few days


now is the time to quadruple, quintuple, and sextuple yikes, for there is no fucking way the larger economy can't be affected by that

ok liberal
Valrifell wrote:
Disregard whatever this poster says
Pro: Christianity, nuclear power, firearms, socialism, environmentalism
Neutral: LGBT, PRC, charter schools, larping
Anti: mind virus, globalism, racism, great reset

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Albrenia
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Posts: 16619
Founded: Aug 18, 2017
Ex-Nation

Postby Albrenia » Fri Jan 29, 2021 8:23 pm

It would be darkly amusing if a bunch of nerds buying Gamestop shares tanked the stock market when hundreds of thousands of deaths from COVID didn't.

Would really show what the beating black heart of corruption that is the stock market thinks is important.

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Shrillland
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Posts: 21096
Founded: Apr 12, 2010
Scandinavian Liberal Paradise

Postby Shrillland » Fri Jan 29, 2021 8:26 pm

Albrenia wrote:It would be darkly amusing if a bunch of nerds buying Gamestop shares tanked the stock market when hundreds of thousands of deaths from COVID didn't.

Would really show what the beating black heart of corruption that is the stock market thinks is important.


It would...unfortunately, I can see another side to the picture. A crash and economic slump may result in the government blaming them and leading to laws that shore up, rather than shit on, hedge fund parasites.
Last edited by Shrillland on Fri Jan 29, 2021 8:26 pm, edited 1 time in total.
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Galloism
Khan of Spam
 
Posts: 72260
Founded: Aug 20, 2005
Father Knows Best State

Postby Galloism » Fri Jan 29, 2021 8:29 pm

Shrillland wrote:
Albrenia wrote:It would be darkly amusing if a bunch of nerds buying Gamestop shares tanked the stock market when hundreds of thousands of deaths from COVID didn't.

Would really show what the beating black heart of corruption that is the stock market thinks is important.


It would...unfortunately, I can see another side to the picture. A crash and economic slump may result in the government blaming them and leading to laws that shore up, rather than shit on, hedge fund parasites.

I’m actually optimistic in this regard. A bunch of ordinary people are just piling on this thing in spite of this being smeared as a white supremacist gamergate anti-elite trumpest financial insurrection.

And they vote.
Venicilian: wow. Jesus hung around with everyone. boys, girls, rich, poor(mostly), sick, healthy, etc. in fact, i bet he even went up to gay people and tried to heal them so they would be straight.
The Parkus Empire: Being serious on NSG is like wearing a suit to a nude beach.
New Kereptica: Since power is changed energy over time, an increase in power would mean, in this case, an increase in energy. As energy is equivalent to mass and the density of the government is static, the volume of the government must increase.


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New haven america
Post Czar
 
Posts: 43472
Founded: Oct 08, 2012
Scandinavian Liberal Paradise

Postby New haven america » Fri Jan 29, 2021 8:30 pm

Galloism wrote:
Shrillland wrote:
It would...unfortunately, I can see another side to the picture. A crash and economic slump may result in the government blaming them and leading to laws that shore up, rather than shit on, hedge fund parasites.

I’m actually optimistic in this regard. A bunch of ordinary people are just piling on this thing in spite of this being smeared as a white supremacist gamergate anti-elite trumpest financial insurrection.

And they vote.

Well it is anti-elitist.

Which isn't a bad thing.
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Albrenia
Post Marshal
 
Posts: 16619
Founded: Aug 18, 2017
Ex-Nation

Postby Albrenia » Fri Jan 29, 2021 8:31 pm

Galloism wrote:
Shrillland wrote:
It would...unfortunately, I can see another side to the picture. A crash and economic slump may result in the government blaming them and leading to laws that shore up, rather than shit on, hedge fund parasites.

I’m actually optimistic in this regard. A bunch of ordinary people are just piling on this thing in spite of this being smeared as a white supremacist gamergate anti-elite trumpest financial insurrection.

And they vote.


Lets hope they don't take the 'well if you call me a monster, I'll be a monster' path that tends to occur. I've had enough of people being 'ironically' racist just because some dumbass says Pewdiepie is a Nazi.

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